Fiducia TogetherTrade credit insurance
Insurance against a customer not paying.
Please note: This page explains what a term means. It is general information, not legal, financial, tax or investment advice, and it does not know anything about your business. Before you sign, file or commit to anything, check it with an accountant, a solicitor, or the official guidance we link to.
What it means
Trade credit insurance covers non-payment by customers due to insolvency or protracted default, usually up to agreed credit limits per customer.
Why it matters
It protects against the single event most likely to take a solvent business down: a large customer failing owing money.
What it looks like in practice
Insurers set credit limits per buyer and monitor them, which is itself useful intelligence — a limit being cut is a warning about that customer.\n\nUK Export Finance provides support where the private market will not.
What to watch out for
Limits withdrawn at short notice, which removes cover on a customer exactly when the risk has risen. And claims refused for breach of the credit management conditions in the policy.
Where to get proper advice
An FCA-regulated broker, and your bank. Compare the total cost including the spread, not the headline fee.
Where to read more
Last reviewed 2026-08-28 by Fiducia Together · Next review due 2027-08-28
Please note: This page explains what a term means. It is general information, not legal, financial, tax or investment advice, and it does not know anything about your business. Before you sign, file or commit to anything, check it with an accountant, a solicitor, or the official guidance we link to.